Funded Startups in Ecuador
Disclosed round sizes in the Ecuador entries are highly uneven: Kushki’s $86M round (2021-06-01) is the only disclosed amount in the tens of millions range…
Disclosed round sizes in the Ecuador entries are highly uneven: Kushki’s $86M round (2021-06-01) is the only disclosed amount in the tens of millions range and it dwarfs the next-largest disclosed amounts, including Jelou.ai’s $10M (2025-11-13) and Kamina’s $3M (2024-02-01). The list also shows a time cluster, with four of the ten rounds dated 2023–2024 (2023-03-20 Geforest is undisclosed; 2023-07-20 Construex is $4M; 2023-09-12 Databits is $600K; 2024-01-04 Iterait is undisclosed), while the remaining entries span earlier years back to 2021-06-01. Sector-wise, financial services appears multiple times (Kuri, Kamina, Kushki), while artificial intelligence shows up in three entries (Jelou.ai, Iterait, Databits). Geographically, most companies are headquartered in Quito (Nina Energy, Iterait, Kamina, Databits, Construex, FastFarma, Kushki; plus Quito appears in multiple rows), with additional weight from Cuenca (Geforest, Kuri) and Guayaquil (Jelou.ai).
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Frequently asked
Which disclosed round is an outlier, and how do the rest of the disclosed amounts compare?
Kushki’s $86M on 2021-06-01 is an outlier: it is the only disclosed amount above $50M, far above Jelou.ai’s $10M (2025-11-13) and Kamina’s $3M (2024-02-01).
Is there a recent time window where more rounds appear among these 10 rows?
Yes. Four rounds land in the 2023–2024 window: Construex ($4M, 2023-07-20), Databits ($600K, 2023-09-12), Geforest (undisclosed, 2023-03-20), and Iterait (undisclosed, 2024-01-04). The most recent entry is Jelou.ai on 2025-11-13.
Are specific sectors over-represented relative to single appearances in this list?
Financial services appears in three rows (Kuri, Kamina, Kushki), while artificial intelligence also appears in three rows (Jelou.ai, Iterait, Databits). Other sectors in the list (Energy/Environment, Agriculture/Farming, Health Care, Commerce and Shopping) occur once.
How do stage labels distribute, and which stage shows up repeatedly?
Pre-Seed is the dominant stage label, appearing on Nina Energy (2025-10-16), Kuri (2024-07-01), Iterait (2024-01-04), Databits (2023-09-12), and Geforest (2023-03-20). By contrast, Venture (Jelou.ai, 2025-11-13), Convertible Note (FastFarma, 2021-12-12), and Series Unknown (Kamina and Construex) each show up only once as shown.
Do the cities show concentration, or are headquarters evenly spread across Ecuador?
Headquarters cluster strongly around Quito, which appears in multiple entries including Nina Energy (Quito, 2025-10-16), Kamina (Quito, 2024-02-01), Databits (Quito, 2023-09-12), Construex (Quito, 2023-07-20), FastFarma (Quito, 2021-12-12), and Kushki (Quito, 2021-06-01). Outside Quito, Cuenca appears in two rows (Geforest and Kuri), and Guayaquil appears once (Jelou.ai).
Which disclosed amounts are the smallest, and are there undisclosed rounds that complicate comparisons?
Among disclosed amounts, the smallest is Nina Energy at $270K (2025-10-16), with Databits next at $600K (2023-09-12). Three entries are marked undisclosed (Kuri on 2024-07-01, Iterait on 2024-01-04, and Geforest on 2023-03-20), limiting comparisons across the full range of rounds.
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